The US Dollar overall has held a firm tone with a particular focus on the Japanese Yen as the USD/JPY exchange rate surged to a fresh 33-year high around 154.40. Markets will be wary over the risk of Bank of Japan intervention to support the yen which could spark additional market volatility. On Monday, the Pound to Dollar (GBP/USD) exchange rate held above 4-month lows near 1.2420 posted on Friday and settled around 1.2480 after failing to regain the 1.2500 level. The Pound to Euro (GBP/EUR) exchange rate secured a tentative advance to 1.1720. At this stage, markets consider that a Bank of England (BoE) is more ... (full story)